According to several sources, the administration of Basra province council has dismissed the director of Basra Investment Commission, Dr. Haider Ali Fadhil. Ahmed Ali, a member of the committee, was appointed in his place. Meanwhile, Alsumaria TV reports that Dr. Fadhil was dismissed by Basra's governor, but that the Council has objected to the dismissal […]
Iraq's cabinet has approved a multi-billion dollar deal with Royal Dutch Shell and Japan's Mitsubishi Corp. The deal, signed on Tuesday, will provide much needed electricity from natural gas that is currently being burned off. The State-owned South Gas and Basra Gas companies in southern Iraq will take a 51 percent stake in the contract, […]
Iraqi firemen put out a fire caused by a bomb explosion in northern Baghdad on Tuesday, according to a report from Xinhua News Agency, citing an Iraqi security forces spokesman. The attack took place earlier in the day in the al- Rashediyah district just north of the Iraqi capital, sparking a huge fire, said Qassim […]
The managing director of the Telecommunication Company of Iran in Kurdestan province, Mohammad Saeed Ahmadi, told Fars News Agency that his company was ready to help upgrade the telecommunication infrastructure and fiber-optic systems in Iraq's northern regions. "In addition to fiber-optic projects, we have the ability to undertake all kinds of telecom activities in the […]
Three local companies won a tender to transport oil derivatives from southern Iraq to the central provinces, an official spokesman for the oil ministry said on Tuesday. “The ministry needed local companies to transport oil derivatives as pipelines were damaged because of terrorist attacks,” Essam Jehad told Aswat al-Iraq news agency during the second stage […]
Iraqi police thwarted a bomb attack on a convoy transporting cash to and from Iraq's central bank on Tuesday, detonating it in a controlled explosion after clearing the area, according to a report from AFP. The bomb was planted in a rubbish skip in the Rasheed Street area in the heart of Baghdad, and the […]
National Overview There were 105 incidents reported nationally between 20 – 26 June showing a small decrease in the level of incidents from the previous week when 123 were officially reported. The number of Explosively Formed Projectiles used in that period dropped from eight to two, both of which occurred in Basra, targeting a Private […]
Prime Minister Nouri al-Maliki and his main rival for the top position, Ayad Allawi, met on Tuesday to discuss a resolution to the ongoing parliamentary stalemate. This was only the second meeting between the two men since the inconclusive 7th March election. While this was welcome news, Ali al-Dabbagh, a spokesman for the prime minister, […]
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A waterfall resort in northern Erbil province is expected to be turned into a modern tourist destination after it was neglected of late due to drought, according to a source reported by AK News on Saturday. "Soon, Gali Ali Bag Waterfall resort will be renovated on a modern and new design through the private sector […]
Reuters reports that Iraq's city of Najaf has awarded a Canadian company a $600 million contract to build the country's first monorail. Anwar al-Haboobi, a member of the Najaf investment committee, told Reuters the project will be only the second of its kind in the Middle East after Dubai. The contract was awarded to TransGlobim […]
The assistant of the Central Bank Governor, Ahmad Sultan Al Jamili, said that re-basing the Iraqi dinar is a complicated process. He said that process of dropping three zeros from the currency will take long time.
